Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-$10m ATM on Monday March 2 2020
-Coronavirus sympathy
-Emergent to manufacture Vaxart's experimental COVID-19 vaccine
-Jun 25 2020: Signs Memorandum of Understanding with Attwill Medical Solutions Sterilflow, LP
-Jun 26 2020: COVID-19 Vaccine Selected for the U.S. Government’s Operation Warp Speed
Technical Analysis
-SPY pattern: Runner
-Intraday pattern: Bull Flag
-Levels: 6.5, 8, 8.5, 9.3, 9.8
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 9 level
Confluence: Whole $
Strike Zone: 9 - 8.8
Sizing (lots): 2
Risk (stop / Rs): Hold below 9
Review / Lessons Learned
Got shaken out by the tape and took a loss, trade would have been very nice otherwise...
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-30 11:26:52 | VXRT | buy | $9.020 | long |
| 2020-06-30 11:26:52 | VXRT | buy | $9.020 | long |
| 2020-06-30 11:26:54 | VXRT | buy | $9.020 | long |
| 2020-06-30 11:26:54 | VXRT | buy | $9.020 | long |
| 2020-06-30 11:27:06 | VXRT | buy | $8.920 | long |
| 2020-06-30 11:27:44 | VXRT | sell | $8.860 | long |
| 2020-06-30 11:27:44 | VXRT | sell | $8.860 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!